Breaking Chase Bank’s 5/24 Rule

Chase Bank is the source of many wonderful credit-card deals, but their 5/24 rule can be a real nuisance. In essence, the rule is that Chase will not approve you for more (of certain types of) credit cards if you have received more than 5 credit cards in the last 24 months.

That is 5 credit cards from all banks combined! And if you are added as an authorized user to a credit card, that counts as one of the 5 also.

Now FrequentMiler has provided a YMMV method of possibly bypassing Chase’s 5/24 rule.

Flying under 5/24

In my particular case, my CC applications have dropped to essentially zero — in part because of the 5/24 rule and in part because my identity was stolen and applying is a hassle.

Most importantly for me, my Southwest Airlines Companion Pass expires at the end of 2016 and it is very important that I be able to get two Chase SWA cards in order to renew it for another 2 years.

Chase Bank is an Important Credit Card Issuer
Chase Bank is an Important Credit Card Issuer